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An SEC form, Schedule 13G, was filed today by Asia Fountain Investment Company today in reference to AMR common stock.
A schedule 13G form is required when a person or group acquires more than 5% of any class of a company's stock and must be disclosed within 10 days of the transaction. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.
According to the filing there were eight (8) different companies in five (5) different countries, which acquired 33.4% of the common stock of AMR on August 1, 2011:
1. Asia Fountain Investment Company Limited, Hong Kong (AFI)
18,245,513 shares (5.4%)
2. Guoline Capital Limited, Bermuda (GCL)
2,677,334 shares (0.8%)
3. Newton (Cayman) Limited, Cayman Islands (NCL)
1,001,361 Shares (0.3%)
4. Chaghese Limited, Cayman Islands (CL)
2,468,909 shares (0.7%)
5. Guoline Capital Assets Limited, Jersey, Channel Islands (GCA)
20,922,847 shares (6.2%)
6. Hong Leong Company (Malaysia) Berhad, Malaysia (HCLM)
21,924,208 shares (6.5%)
7. HL Holdings Sdn Berhad, Malaysia (HLH)
21,924,208 shares (6.5%)
8. Quek Leng Chan, Malaysia (QLC)
24,393,117 shares (7.3%)
Asia Fountain Investment Company (AFI) is a controlled undertaking of GuocoEquity Assets Limited, which is a controlled undertaking of Guoco Group Limited ("GGL"). GGL is a controlled undertaking of GuoLine Overseas Limited, which is a controlled undertaking of GuoLine Capital Assets Limited ("GCAL"). GCAL is a controlled undertaking of Hong Leong Company (Malaysia) Berhad, which is owned by Gouco Group Limited.
All of these companies are owned or controlled by Hong Leong Company (Malaysia) Berhad, the holding company of Guoco Group Limited, which is owned by Mr. Quek Leng Chan.
Mr. Quek Leng Chan is a 70 year old Malaysian billionaire and noted casino player. Mr. Quek Leng Chan has an estimated net worth of $4.8 Billion.
UNITED STATES SECURITIES AND EX